Curaçao's final consumption expenditure (% of GDP) was 87.71% in 2018, the latest year in the World Bank's World Development Indicators. That is down 1.16 percentage points from 88.87% in 2008.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 87.71% | 2018 |
| Five years earlier | 87.32% | 2013 |
| Ten years earlier | 88.87% | 2008 |
| Highest | 96.23% | 2010 |
| Lowest | 81.01% | 2005 |
| Average since 2009 | 88.24% | 2009–2018 |
| First recorded | 81.01% | 2005 |
What the numbers say
In 2018, Curaçao's final consumption expenditure (% of GDP) fell 1.95 percentage points on 2017 (from 89.66% to 87.71%).
Across the 12 yearly changes before that (2006 to 2017), the average change was +0.72 percentage points and a typical year strayed about 4.36 percentage points from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 9.48 percentage points in 2010 and the biggest yearly fall was 7.05 percentage points in 2011. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2009 to 2018 there is no clear straight-line trend: a straight line explains 17% of the movement over 10 observed years, so the value is moving around more than it is heading anywhere.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
Closest to Curaçao in the 2018 ranking
- Yemen, Rep. — 1st of 2: 132.39%
What this measures
Final consumption expenditure is expenditure on goods and services by resident institutional units for the direct satisfaction of human needs or wants, whether individual or collective. Final consumption expenditure can be measured for households, general government, the central bank and non-profit institutions serving households. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
All 14 values
| Year | Final consumption expenditure (% of GDP) |
|---|---|
| 2018 | 87.71 |
| 2017 | 89.66 |
| 2016 | 84.42 |
| 2015 | 84.96 |
| 2014 | 86.71 |
| 2013 | 87.32 |
| 2012 | 89.44 |
| 2011 | 89.17 |
| 2010 | 96.23 |
| 2009 | 86.75 |
| 2008 |
Final consumption expenditure (% of GDP) in nearby economies
- Argentina — 84.91% (2025)
- Aruba — 67.04% (2024)
- Bahamas, The — 77.21% (2024)
- Belize — 80.23% (2024)
- Bolivia — 86.16% (2024)
- Brazil — 82.57% (2025)
- Chile — 71.8% (2025)
- Colombia — 88.68% (2025)
- Costa Rica — 78.01% (2025)
- Cuba — 115.71% (2024)
- Dominican Republic
More economic policy & debt data for Curaçao
- Adjusted savings, education expenditure (% of GNI) — 4.86% (2021)
- Adjusted savings, mineral depletion (current US$) — US$0 (2021)
- Adjusted savings, energy depletion (current US$) — US$0 (2021)
- Agriculture, forestry, and fishing, value added (current US$) — US$9.93 million (2024)
- Agriculture, forestry, and fishing, value added (current LCU) — 17.77 million (2024)
- Agriculture, forestry, and fishing, value added (% of GDP) — 0.28% (2024)
- Manufacturing, value added (current US$) — US$103.98 million (2024)
- Manufacturing, value added (current LCU) — 186.12 million (2024)
- Manufacturing, value added (% of GDP)
Reading data like this
Questions people ask
- What is Curaçao's final consumption expenditure (% of GDP)?
- 87.71% in 2018, according to the World Bank (World Development Indicators).
- How has it changed since 2005?
- It is up 6.7 percentage points from 81.01% in 2005. The highest value was 96.23% in 2010 and the lowest 81.01% in 2005.
- Is the latest change in final consumption expenditure (% of GDP) unusual for Curaçao?
- In 2018, Curaçao's final consumption expenditure (% of GDP) fell 1.95 percentage points on 2017 (from 89.66% to 87.71%). Across the 12 yearly changes before that (2006 to 2017), the average change was +0.72 percentage points and a typical year strayed about 4.36 percentage points from that (the standard deviation). This year's change was 0.6 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
- Where does this data come from?
Source
World Bank, World Development Indicators, indicator NE.CON.TOTL.ZS, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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